An estate planning attorney will be able to help you legally determine how your assets will be managed during your lifetime and how to distribute them after your death.
A good attorney will also adjust your estate plan so that it minimizes taxes and eliminates court costs and interference. You can create a legally binding document that ensures that you have control of your finances, taxes, and medical plans.
Why hire an Estate planning attorney
"Estate" is the legal term used to define your property and money—basically, everything that belongs to you. Estate planning attorneys tell you different strategies you can use to transfer your belongings after you die. By planning your estate, you can maximize its value by minimizing taxes and eliminating court costs and interference. Estate planning attorneys also help you control and protect your estate during your lifetime, by writing documents that allow you to transfer property and money to children, charities, or others in a way you desire.
According to a survey, 44% of Americans do not have a will, although 60% do think that having a will is necessary. Another 13% believed that the surviving spouse or children automatically received any assets remaining, which isn't always the case.
Legal guides for hiring an Estate planning attorney